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Xpeng bets big on flying cars with US$413 million investment in new Guangzhou factory

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Xpeng bets big on flying cars with US$413 million investment in new Guangzhou factory - SCMP

Quick Summary:

CEO He Xiaopeng believes the global flying car market could reach US$2 trillion in the next two decades, double the size of land vehicles.

The Xpeng CEO’s comments come as China’s car and tech companies are eyeing their next growth opportunity amid the crowded EV market, in which they have been successful in the electrification of transport.

Xpeng’s AEROHT conducts a flight demonstration at Liuye Lake Tourist Resort in Changde City, central China’s Hunan province, March 27, 2025.

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Xpeng bets big on flying cars with US$413 million investment in new Guangzhou factory - SCMP (Picture 1)

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Article Details

Author / Journalist: Yujie Xue

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-29 @ 15:51:38 (2 days ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 224 words

Reading Time: 2 minutes read

Sentences: 5 lines

Sentence Length: 45 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 27396295

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Main Topics: Technology

Official Website: scmp.com

Update Frequency: 9 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 4 hours ago

Coverage Areas: Hong Kong

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #41

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  • News ID: #27396295
  • URL: https://beamstart.com/news/xpeng-bets-big-on-flying-17432350245213

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